International Assets Investment Management LLC Raises Stake in Yum China Holdings, Inc. (NYSE:YUMC)

International Assets Investment Management LLC increased its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 2,069.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 17,613 shares of the company’s stock after acquiring an additional 16,801 shares during the quarter. International Assets Investment Management LLC’s holdings in Yum China were worth $747,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Yum China in the third quarter valued at about $27,000. NBC Securities Inc. purchased a new stake in shares of Yum China during the 3rd quarter worth approximately $29,000. Anchor Investment Management LLC acquired a new stake in shares of Yum China in the 4th quarter worth approximately $40,000. Venturi Wealth Management LLC purchased a new position in Yum China in the 3rd quarter valued at approximately $44,000. Finally, IFP Advisors Inc raised its holdings in Yum China by 380.2% during the third quarter. IFP Advisors Inc now owns 922 shares of the company’s stock worth $51,000 after purchasing an additional 730 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analysts Set New Price Targets

YUMC has been the subject of a number of research analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and issued a $38.00 price target (down previously from $65.00) on shares of Yum China in a research report on Thursday, January 4th. HSBC dropped their target price on shares of Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a report on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.65.

Yum China Stock Up 3.0 %

YUMC opened at $38.36 on Wednesday. The business’s fifty day simple moving average is $40.13 and its 200 day simple moving average is $42.04. Yum China Holdings, Inc. has a 52 week low of $33.55 and a 52 week high of $64.50. The firm has a market cap of $15.04 billion, a P/E ratio of 19.57, a PEG ratio of 1.39 and a beta of 0.45. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.12. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.32 billion. Yum China had a net margin of 7.53% and a return on equity of 11.63%. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. As a group, equities research analysts anticipate that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 5th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date was Monday, March 4th. This is a positive change from Yum China’s previous quarterly dividend of $0.13. Yum China’s dividend payout ratio is currently 32.65%.

Yum China Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.